Future Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
RBOB GASOLINE Dec 2021 (NYMEX:RB.Z21)
Weak Uptrend (+65) - RB.Z21 is showing signs of weakening momentum to the upside. Monitor RB.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RB.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.Z21
The long-term trend has been UP since Jul 21st, 2020 at 1.1690
The intermediate-term trend has been DOWN since Sep 4th, 2020 at 1.1968
The short-term trend has been UP since Sep 15th, 2020 at 1.1606
Smart Scan Analysis for RB.Z21
Based on our trend formula, RB.Z21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).